Ramaphosa: 'Don't be discouraged by lacklustre economic growth'

Loading player...
JOHANNESBURG — President Cyril Ramaphosa addressed the now-annual pre-WEF briefing that happens each year before our politicians fly over to Davos. This year's pre-WEF meet was a very different one to the one I attended last year. For starters, the venue was different. Last year, it was held in one of the big ballrooms in the Hilton Hotel in downtown Sandton - this time it was held in a much smaller venue in the Crowne Plaza Hotel in Rosebank. I was told that Ramaphosa prefers the Crowne Plaza as it's closer to his home in Hyde Park (I don't know how true this is as I imagine he's equidistance between both hotels). Nevertheless, another major difference was that this time last year we still had Malusi Gigababa as FinMin. These days, we have Tito Mboweni who slipped in late to the pre-WEF briefing in Rosebank on Wednesday and quietly sat in the back, unassuming. But lastly, the major difference that I observed was that Ramaphosa this year looked much more tired - last year he had a skip in his step amid Ramaphoria. Regardless, he's still a good speaker and very much provides the rational perspective on things. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Jan 2019 8AM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min